The economic philosophy of Chinese President Xi Jinping, widely known as “Xiconomics,” emphasizes the market’s decisive role in allocating resources; at the same time, Xiconomics allows the government …
Monthly Archives For March 2022
Shanghai Stock Exchange lost 1.17% and Shenzhen Stock Exchange 1.89%
The benchmark index of the Shanghai Stock Exchange closed today with a loss of 1.17% after dropping 38.02 points to 3,212.24. For its part, the Shenzhen parquet declined 232.77 units (1.89%) and ended …
China doesn’t have a Covid exit plan. Two years in, people are fed up and angry
For two years, people in China have largely tolerated living under some of the world’s most stringent Covid-19 controls.
China Urges Restraint by ‘All Sides’ on North Korea’s Missile Tests
China has urged “all sides” to exercise restraint regarding North Korea’s long-range missiles tests, the foreign ministry said on Friday. “We express concern at the present situation,” ministry …
Social media users in China are obsessing over a conspiracy theory that claims COVID-19 was produced by US-linked laboratories in Ukraine
The buzz centers around a Global Times article that also claimed the US was “using bats to study coronaviruses.” …
Bitcoin slams $44k as Russia considers selling its oil and gas in crypto
Russia is considering accepting bitcoin as payment for oil and gas exports in the face of stiffened sanctions from Western …
China round-up: Tencent results miss expectations
Tencent Holdings on Wednesday released a disappointing set of fourth quarter and full year financial results. For 2021, the company saw its non-GAAP net profit grow at the slowest pace in almost a …
Beijing Games a political platform for Ukraine’s Paralympians
Against the backdrop of war, Ukraine’s para-athletes won an exceptional haul of gold medals at the Beijing Winter Paralympics. They also used the event to call for peace as Russia invaded their …
China’s Big Six bank earnings to reflect recovery from Covid, stronger loan book
Leading state-controlled banks are likely to report earnings growth of between 8 and 15 per cent for 2021, according to analysts’ estimates Banks’ improved earnings for 2021 to reflect recovery from …
China Plane Crash Update: Confusion Over Second Black Box
As the search of the site of Monday’s crash continues, there is uncertainty over the status of the second black box: the flight data recorder. The newspaper of China’s civil aviation regulator …
Successful In China, U.S. Accountant Looks To Southeast Asia For New Growth
Five years out of college in 1983, New York accountant Drew Bernstein took the plunge as an entrepreneur with childhood friend Neil Pinchuk at opportune moment. The start of Bernstein & Pinchuk LLP …
China’s vision on economic governance inspiration for global development
How to best handle the relationship between the ‘visible hand’ of the government and the ‘invisible hand’ of the market is a challenge facing policymakers in China and beyond.
5 days after crash, 2nd black box eludes China searchers
Five days after the crash of a passenger jet in mountainous southern China, the disaster’s cause remains a mystery while the search for the plane’s second “black box” continued Friday.
